The consolidated OIBDA of the Latin American operators stood at EUR 1,201 million in 9M05, three times their contribution to the Group during 9M04.

At the end of 3Q05, consolidated net debt stood at EUR 9,463million, 6.

This performance was driven by the increasing positive balance in the contract segment, which stood at almost 84 thousand lines, around 50 thousand more than recorded in 3Q04 and clearly far superior to the 2Q05 figure.

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